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wyobuford

12/17/09 12:04 PM

#636 RE: Estimated_Prophet #635

I've been burned a bit on trying to play the market tops via QID, SRS, etc. It would seem logical that a correction is in store. The DJIA has looked toppy and has had trouble truly hurdling the 10,500 level and the VIX has basically triple bottomed at about 20, which is almost the exact level it was at just prior to the market crash in Oct 2008. I personally won't be buying QID and the like given my woeful track record with QID, but taking profits in long positions in general would be probably wise.





Buford T.